募股 (initial public offers, 简称 IPO)和所谓 借壳上市 (back-door listings)这两种 方式进行的 后者通常就是私营企业接管一家上市的国营企业 并向被收购的公
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Such back-door listings are becoming popular due to the lengthy waiting time involved in China's initial public offering (IPO) process.
由于中国的首次公开募股程序要经过漫长的等待,因此,这种借壳上市的方式变得非常普遍。
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The trouble for U.S.-listed Chinese companies began with the back-door listings and a high percentage of them having underlying problems with the companies merged into the shells.
FORBES: Go Public, Take Private, Make A Deal: The Big Debate in China
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